Seller's Agent in 2021
Matthew Goudreau
Acumen Group
(401) 413-5235
1 in this area
24 Total Sales
26 Preston St Providence, RI 02906
Fox Point NeighborhoodEstimated Value: $1,130,000 - $1,396,000
6
Beds
3
Baths
5,391
Sq Ft
$233/Sq Ft
Est. Value
Highlights
- Marina
- Wood Flooring
- Tennis Courts
- Golf Course Community
- 2 Fireplaces
- Workshop
About This Home
As of December 2021Professionally managed legal three-unit property on Providence's east side, walking distance to Brown University, India Point Park, and Wayland Square. Each unit is 2 bed, 1 bath. Turnkey with many building features and systems renovated, upgraded, or replaced during seller's 10 years of ownership including HVAC, electrical, hardwired smoke detectors, water service, decks, driveway, landscaping, and the list goes on and on. Clean, organized, and meticulous attention to details like separate utilities for each unit and dedicated services for common areas. The laundry room boasts new high-end commercial laundry machines, tenants have dedicated basement storage, and there is a private workshop for the owner. Fully occupied with leases, all financials, and documents are available. With 2021 full year income on pace to exceed ~$67,000, this is truly a must see!
Last Agent to Sell the Property
Acumen Group License #RES.0040334 Listed on: 07/25/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,867
Year Built
- Built in 1900
Lot Details
- 4,791 Sq Ft Lot
- Paved or Partially Paved Lot
Home Design
- Brick Foundation
- Combination Foundation
- Vinyl Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 5,391 Sq Ft Home
- 3-Story Property
- 2 Fireplaces
- Fireplace Features Masonry
- Workshop
- Storage Room
- Security System Owned
Kitchen
- Oven
- Range
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 6 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Balcony
- Porch
Location
- Property near a hospital
Utilities
- No Cooling
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Baseboard Heating
- Heating System Uses Steam
- 200+ Amp Service
- Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 355
- Assessor Parcel Number 26-30PRESTONSTPROV
Community Details
Overview
- 3 Units
- East Side Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Building Details
- Operating Expense $10,535
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 28, 2017
Sold by
Ruotolo Brandon
Bought by
Preston Street Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.91%
Mortgage Type
Unknown
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Preston Street Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | East Side Properties Llc | $591,500 | |
| Closed | Preston Street Llc | $300,000 | |
| Previous Owner | Mello John | $170,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2021 12/15/21 | Sold | $910,000 | -7.0% | $169 / Sq Ft |
| 11/15/2021 11/15/21 | Pending | -- | -- | -- |
| 07/25/2021 07/25/21 | For Sale | $979,000 | 0.0% | $182 / Sq Ft |
| 07/23/2015 07/23/15 | Rented | $1,500 | 0.0% | -- |
| 06/23/2015 06/23/15 | Under Contract | -- | -- | -- |
| 06/02/2015 06/02/15 | For Rent | $1,500 | -- | -- |
Source: State-Wide MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $14,357 | $782,400 | $339,100 | $443,300 |
| 2023 | $14,357 | $782,400 | $339,100 | $443,300 |
| 2022 | $13,927 | $782,400 | $339,100 | $443,300 |
| 2021 | $11,867 | $483,200 | $222,100 | $261,100 |
| 2020 | $11,867 | $483,200 | $222,100 | $261,100 |
| 2019 | $11,867 | $483,200 | $222,100 | $261,100 |
| 2018 | $11,298 | $353,500 | $204,800 | $148,700 |
| 2017 | $11,298 | $353,500 | $204,800 | $148,700 |
| 2016 | $10,476 | $327,800 | $204,800 | $123,000 |
| 2015 | $9,884 | $298,600 | $204,800 | $93,800 |
| 2014 | $10,078 | $298,600 | $204,800 | $93,800 |
| 2013 | $10,078 | $298,600 | $204,800 | $93,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Martin Carey
William Raveis Inspire
(617) 817-9999
1 in this area
20 Total Sales
-
N
Buyer's Agent in 2015
Non-Mls Member
Non-Mls Member
Map
Source: State-Wide MLS
MLS Number: 1289257
APN: PROV-140355-000000-000000
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